BTC Update 2017-12-06



by Dave

While price jumped a massive $2k today, the forecaster is suggesting we may be approaching a top in bitcoin.  Daily RSI=97, that’s nosebleed-overbought territory.

I’ve updated the bitcoin model.  Forecaster now has access to some of the blockchain metadata.  It should be better at predicting prices.  Theoretically anyway.

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And here’s ETH.  Sell signal 4 days ago.

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